§ 39.168  DEFERRED COMPENSATION PROGRAM.
   The mayor and appointive officials and employees, exempt midmanagement and nonexempt classified employees may participate in the deferred compensation plan administered by the International City Management Association Retirement Corporation.
   (a)   For the nonexempt classified employees, the city will contribute an amount equal to the employee’s contribution up to a maximum of 4% of his or her base hourly rate equal to 80 hours in a pay period.
   (b)   For the mayor and appointive officials and employees and exempt midmanagement employees, the city will contribute an amount equal to the employee’s contribution up to a maximum of 4% of his or her biweekly rate of pay.
(1992 Code, § 30-135)  (Ord. 37-95, passed 3-6-1995; Ord. 87-97, passed 12-2-1997)